Present Situation and Future Trend of Renewable Energy in South Asian Countries: A Review

2019 ◽  
Author(s):  
Md. Washim Akram ◽  
Pobitra Halder
Keyword(s):  
Renewable Energy ◽  
South Asian ◽  
Present Situation ◽  
Future Trend ◽  
Asian Countries

scholarly journals Does Foreign Direct Investment Influence Renewable Energy Consumption? Empirical Evidence from South Asian Countries

Energies ◽  
2021 ◽  
Vol 14 (12) ◽  
pp. 3470
Author(s):  
Xueqing Kang ◽  
Farman Ullah Khan ◽  
Raza Ullah ◽  
Muhammad Arif ◽  
Shams Ur Rehman ◽  
...  
Keyword(s):  
Foreign Direct Investment ◽  
Renewable Energy ◽  
Sri Lanka ◽  
South Asian ◽  
Environmental Sustainability ◽  
Direct Investment ◽  
Least Square ◽  
Asian Countries ◽  
Ordinary Least Square ◽  
The Relationship

In selected South Asian countries, the study intends to investigate the relationship between urban population (UP), carbon dioxide (CO2), trade openness (TO), gross domestic product (GDP), foreign direct investment (FDI), and renewable energy (RE). Fully modified ordinary least square (FMOLS) and dynamic ordinary least square (DOLS) models for estimation were used in the study, which covered yearly data from 1990 to 2019. We used Levin–Lin–Chu, Im–Pesaran–Shin, and Fisher PP tests for the stationarity of the variables. The outcomes of the panel cointegration approach looked at whether there was a long-run equilibrium nexus between selected variables in Pakistan, Bangladesh, India, and Sri Lanka. The FMOLS approach was also used to assess the relationship, and the results suggest that there is a significant and negative nexus between FDI and renewable energy in south Asian nations. The study’s findings reveal a strong and favorable relationship between GDP and renewable energy use. In South Asian nations (Sri Lanka, Pakistan, India, and Bangladesh), the FMOLS and DOLS findings are nearly identical, but the authors used the DOLS model for robustification. According to the findings, policymakers in South Asian economies (Sri Lanka, Pakistan, India, and Bangladesh) should view GDP and FDI as fundamental policy instruments for environmental sustainability. To reduce reliance on hazardous energy sources, the government should also reassure financial sectors to participate in renewable energy.

scholarly journals An Overview on Energy and Development of Energy Integration in Major South Asian Countries: The Building Sector

Energies ◽  
2020 ◽  
Vol 13 (21) ◽  
pp. 5776
Author(s):  
Rashiqa Abdul Salam ◽  
Khuram Pervez Amber ◽  
Naeem Iqbal Ratyal ◽  
Mehboob Alam ◽  
Naveed Akram ◽  
...  
Keyword(s):  
Developing Countries ◽  
Renewable Energy ◽  
Energy Consumption ◽  
Human Development ◽  
South Asian ◽  
Energy Integration ◽  
Asian Countries ◽  
Building Sector ◽  
The World ◽  
Energy And Development

India, Pakistan, and Bangladesh (IPB) are the largest South Asian countries in terms of land area, gross domestic product (GDP), and population. The growth in these countries is impacted by inadequate renewable energy policy and implementation over the years, resulting in slow progress towards human development and economic sustainability. These developing countries are blessed with huge potential for renewable energy resources; however, they still heavily rely on fossil fuels (93%). IPB is a major contributor to the total energy consumption of the world and its most energy-intensive building sector (India 47%, Pakistan 55% and Bangladesh 55%) displays inadequate energy performance. This paper comprehensively reviews the energy mix and consumption in IPB with special emphasis on current policies and its impact on economic and human development. The main performance indicators have been critically analyzed for the period 1970–2017. The strength of this paper is a broad overview on energy and development of energy integration in major South Asian countries. Furthermore, it presents a broad deepening on the main sector of energy consumption, i.e., the building sector. The paper also particularly analyzes the existing buildings energy efficiency codes and policies, with specific long-term recommendations to improve average energy consumption per person. The study also examines the technical and regulatory barriers and recommends specific measures to adapt renewable technologies, with special attention to policies affecting energy consumption. The analysis and results are general and can be applied to other developing countries of the world.

Nexus of Renewable Energy Consumption, Economic Growth, Population Growth, FDI, and Environmental Degradation in South Asian Countries: New Evidence from Driscoll-Kraay Standard Error Approach

2021 ◽  
Vol 3 (2) ◽  
pp. 200-211
Author(s):  
Ansar Abbas Shah ◽  
Muhammad Sajjad Hussain ◽  
Muhammad Atif Nawaz ◽  
Mazhar Iqbal
Keyword(s):  
Economic Growth ◽  
Renewable Energy ◽  
Energy Consumption ◽  
Population Growth ◽  
South Asian ◽  
Environmental Degradation ◽  
Asian Countries ◽  
Renewable Energy Consumption ◽  
Cross Sectional ◽  
Cross Sectional Dependence

Environmental degradation is the most prominent area nowadays, especially in developing counties where high renewable energy consumption and population growth deteriorate the atmosphere of the country. Thus, the current study investigates the nexus among renewable energy consumption, economic growth (EG), population growth, foreign direct investment (FDI), and environmental degradation in South Asian countries. The covariance matrix estimators that are developed by “Driscoll and Kraay” are used in this study. The primary property of this estimator is that it does not account for the cross-sectional dependence; thus, it provides substantial, robust outcomes among the cross-sectional units while in the presence of cross-sectional dependence. The data was collected from the World Development Indicators (WDI) from 2001 to 2019. The findings exposed that positive nexus among the population growth, FDI, and environmental degradation while renewable energy consumption and EG has negative nexus with environmental degradation and also not supported the EKC hypothesis in South Asian countries. These findings suggested that the regulators should develop policies that reduce environmental degradation in the presence of high EG, energy consumption, FDI, and population growth.

scholarly journals The Impact of Renewable Energy on Carbon Dioxide Emissions: An Empirical Analysis of Selected South Asian Countries

2019 ◽  
Vol 9 (4) ◽  
pp. 527-534
Author(s):  
A. Waheed ◽  
M. Tariq
Keyword(s):  
Carbon Dioxide ◽  
Renewable Energy ◽  
South Asian ◽  
Carbon Dioxide Emissions ◽  
Trade Openness ◽  
Asian Countries ◽  
Energy Trade ◽  
The Impact ◽  
South Asian Region ◽  
Nonrenewable Energy

This study attempts to explore the impact of renewable energy, nonrenewable energy, trade openness and urbanization on carbon dioxide emissions in the selected South Asian countries over the period 1990 to 2014. The study used Panel Fully Modified Ordinary Least Square (FMOLS) for analyzing the relationship between renewable energy, nonrenewable energy, trade openness, urbanization, and carbon dioxide emissions. The results from the FMOLS show that renewable energy is negatively associated with emissions, whereas nonrenewable energy is positively associated with CO2 emissions. Furthermore the empirical estimation revealed that the increase in trade openness increases CO2 emissions. Interestingly, urbanization decreases carbon dioxide emissions in our analysis of selected South Asian region. It implies that increasing the use of renewable energy is an effective policy to mitigate global warming in the South Asian region.

scholarly journals Environmental Degradation, Economic Growth and Non-renewable Energy in Selected South Asian Countries: Trivariate Analysis From DCCE-MG Approach

2021 ◽  
Author(s):  
Bosede Ngozi ADELEYE ◽  
Darlington AKAM ◽  
Nasiru INUWA ◽  
Henry Tumba JAMES ◽  
Denis BASILA ◽  
...  
Keyword(s):  
Economic Growth ◽  
Renewable Energy ◽  
South Asian ◽  
Environmental Degradation ◽  
Causal Relation ◽  
Policy Implications ◽  
Asian Countries ◽  
Causality Test ◽  
Country Level ◽  
The Impact

Abstract This study investigates and provides evidence on the impact of economic growth and non-renewable energy on environmental degradation. Using unbalanced panel data from 1990 to 2018 on five South Asian countries and engaging the dynamic common correlated effects-mean group (DCCE-MG) technique of Ditzen (2016, 2018), findings support the energy-led degradation hypothesis while the growth-led degradation hypothesis does not hold but both are supported from FMOLS and DOLS robustness checks. In order words, non-renewable energy and economic growth significantly drive environmental degradation. Country-level results are mixed with Nepal evidencing energy-led degradation, Pakistan shows growth-led degradation while India indicates growth-led sustainability. Supportively, the Dumitrescu-Hurlin (2012) non-Granger causality test establishes: (1) energy-led and growth-led degradation, (2) feedback causal relation between environmental degradation and non-renewable energy, and (3) unidirectional causality from growth to non-renewable energy i.e. “conservation” hypothesis. Policy implications are discussed.

scholarly journals Natural resources and CO2 emissions nexus: Sustainable development path for South Asian countries

2021 ◽  
Author(s):  
Usman Mehmood ◽  
Keyword(s):  
Renewable Energy ◽  
Sri Lanka ◽  
Natural Resources ◽  
Co2 Emissions ◽  
South Asian ◽  
Energy Use ◽  
Trade Openness ◽  
Kuznets Curve ◽  
Asian Countries

The rapid deterioration of the environment has attracted the world’s attention to find the determinants of carbon dioxide (CO2) emissions. In this line, many studies have probed the factors affecting CO2 emissions but the role of natural resources has been overlooked significantly. Therefore, this study attempts to fill this gap by investigating the role of natural resources in CO2 emissions in four South Asian countries over the annual period of 1990-2019. Other variables of trade openness, renewable energy, energy use and gross domestic product (GDP) were also included in the model. Findings of the autoregressive-distributed lag (ARDL) method reveal that natural resources reduce CO2 emissions in Pakistan and India. The abundance of natural resources, increases CO2 emissions in Bangladesh. This association was not found significant in Sri Lanka. Moreover, this research confirmed Environmental Kuznets curve (EKC) in Pakistan, India, Bangladesh and Sri Lanka. Renewable energy is reducing CO2 emissions in these countries. Therefore, natural resources are essential to reduce CO2 emissions in Pakistan and India. Bangladesh needs to utilize its natural resources efficiently to improve air quality.

Wadhwa, Charan D. and MukulG. Asher (eds.). ASEAN-SOUTH ASIA Economic Relations. Singapore: Institute of Southeast Asian Studies. 1985. ix+384pp.

1988 ◽  
Vol 27 (3) ◽  
pp. 336-338
Author(s):  
Muhammad Hussain Malik
Keyword(s):  
Developing Countries ◽  
South Asian ◽  
Southeast Asian ◽  
Asian Countries ◽  
Asian Studies ◽  
Economic Relations ◽  
Rigorous Research ◽  
Southeast Asian Studies ◽  
The Right ◽  
Policy Proposals

The need to enhance their economic relations with each other has long been felt by developing countries. However, their efforts in this regard have met with limited success. One of the reasons for this could be that not much serious work has been done to understand the complexities and possibilities of economic relations of developing countries. The complementarities which exist among the economies of these countries remain relatively unexplored. There is a lack of concrete policy proposals which developing countries may follow to achieve their often proclaimed objective of collective self-reliance. All this needs serious and rigorous research efforts. In this perspective, the present study can be considered as a step in the right direction. It examines trade and other economic relations of developing countries of two regions of Asia-South Asian countries and member countries of the Association of Southeast Asian Nations (ASEAN). The study also explores ways and means to improve economic relations among these countries

Sign in / Sign up

Export Citation Format

Share Document